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Real reassesses biz plans, downsizes ops
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MUMBAI: Real Global Broadcasting (RGBPL), the 50:50 joint venture between Turner International and Alva Brothers Entertainment, has decided to downsize its operations in India.

According to RGBPL, the operator of the recently launched Hindi general entertainment channel 'Real', the pronouncement to slim down operations owes to the joint venture partners' decision to reassess RGBPL's business plans. Real officials stated that the plans will be announced as soon as they are confirmed.

While the cut down operation will witness the egress of a sizeable number of employees, the top management will not see much change.

In an official communiqué, RGBPL said, "Turner and Alva Brothers Entertainment partnership in the entertainment business goes back many years and remains strong as it continues to explore opportunities within the entertainment industry in India."

Real was launched in March this year with three hours of original programming along with a mix of movies, music and kids content. As of now, the channel will continue to run on repeats.

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